Business Segments · Goodwill Resulting from Business Combinations
Service — Goodwill Resulting from Business Combinations
Otis Worldwide Service — Goodwill Resulting from Business Combinations decreased by 80.0% to $3.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 83.3%, from $18.00M to $3.00M. Over 4 years (FY 2021 to FY 2025), Service — Goodwill Resulting from Business Combinations shows an upward trend with a 138.8% CAGR.
Analysis
StatementSegment
CategoryGrowth
SignalContext dependent
VolatilityVolatile
First reportedQ1 2019
Last reportedQ1 2026
How to read this metric
Higher values indicate aggressive M&A activity to expand service capabilities or market reach.
Detailed definition
Captures the specific incremental goodwill added to the Service segment's balance sheet during the current reporting per...
Peer comparison
Commonly disclosed by large-cap industrial firms pursuing consolidation strategies.
Metric ID:
otis_segment_service_goodwill_resulting_from_business_combinationsHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.00M | $1.00M | $0.00 | $0.00 | $10.00M | $0.00 | $8.00M | $0.00 | $5.00M | $1.00M | $1.00M | $14.00M | $2.00M | $19.00M | $11.00M | $18.00M | $33.00M | -$1.00M | $15.00M | $3.00M |
| QoQ Change | — | +0.0% | -100.0% | — | — | -100.0% | — | -100.0% | — | -80.0% | +0.0% | >999% | -85.7% | +850.0% | -42.1% | +63.6% | +83.3% | -103.0% | >999% | -80.0% |
| YoY Change | — | — | — | — | +900.0% | -100.0% | — | — | -50.0% | — | -87.5% | — | -60.0% | >999% | >999% | +28.6% | >999% | -105.3% | +36.4% | -83.3% |
Range-$1.00M – $33.00M
CAGR+26.0%
Avg YoY Growth+402.4%
Median YoY Growth-10.7%
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Frequently Asked Questions
- What is Otis Worldwide's service — goodwill resulting from business combinations?
- Otis Worldwide (OTIS) reported service — goodwill resulting from business combinations of $3.00M in Q1 2026.
- How has Otis Worldwide's service — goodwill resulting from business combinations changed year-over-year?
- Otis Worldwide's service — goodwill resulting from business combinations decreased by 83.3% year-over-year, from $18.00M to $3.00M.
- What is the long-term trend for Otis Worldwide's service — goodwill resulting from business combinations?
- Over 4 years (2021 to 2025), Otis Worldwide's service — goodwill resulting from business combinations has grown at a 138.8% compound annual growth rate (CAGR), from $2.00M to $65.00M.
- What does service — goodwill resulting from business combinations mean?
- The amount of goodwill added to the service segment from new acquisitions this year.